Cost of living in Timberlane research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Timberlane is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Timberlane is 97, with 100 being the average.
The cost of living index in Timberlane is 1.0x lower than the national average.
Timberlane ranks as the #83 cheapest in Louisiana out of 109.
Timberlane ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Timberlane is $170,800.
The median income in Timberlane is $57,053.
According to the most recent data on the cost of living, Timberlane has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Louisiana, Timberlane has a cost of living index that's 1.1x higher than Louisiana's index of 92.
The standard of living in Timberlane ranks as #83 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Timberlane ranks as the #26 most expensive place in the Pelican State.
For more reading on life in Timberlane, check out:
Six factors go into calculating the cost of living index in Timberlane. Here is how it fairs on each of the criteria:
The Services index in Timberlane is 107.
The Groceries index in Timberlane is 101.
The Health index in Timberlane is 118.
The Housing index in Timberlane is 96.
The Transportation index in Timberlane is 97.
The Utilities index in Timberlane is 74.
Living Expense | Timberlane | Louisiana | National Average | |
---|---|---|---|---|
Overall | 97 | 92 | 100 | |
Services | 107 | 96 | 100 | |
Groceries | 101 | 96 | 100 | |
Health | 118 | 99 | 100 | |
Housing | 96 | 83 | 100 | |
Transportation | 97 | 96 | 100 | |
Utilities | 74 | 86 | 100 |
Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Timberlane is $170,800.
The Median Rent in Timberlane is $1,312.
The Median Income in Timberlane is $57,053.
The Home Value To Income in Timberlane is 3.0x.
The Rent To Monthly Income in Timberlane is 0.28x.
Statistic | Timberlane | Louisiana | United States |
---|---|---|---|
Median Home Value | $170,800 | $174,000 | $244,900 |
Median Rent | $1,312 | $923 | $1,163 |
Median Income | $57,053 | $53,571 | $69,021 |
Home Value To Income | 3.0x | 3.2x | 3.5x |
Rent To Monthly Income | 0.28x | 0.21x | 0.2x |
Item | Timberlane | Louisiana |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $12.65 | $10.68 |
Bowling | $18.17 | $14.67 |
Haircut | $19.78 | $18.62 |
Beauty Salon | $48.89 | $39.05 |
Item | Timberlane | Louisiana |
---|---|---|
Ground Beef | $4.28 | $4.22 |
Fried Chicken | $1.21 | $1.39 |
Milk | $2.3 | $2.05 |
Potatoes | $2.94 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $9.59 | $9.38 |
Toothpaste | $2.26 | $2.34 |
Item | Timberlane | Louisiana |
---|---|---|
Optometrist | $94.77 | $108.57 |
Doctor | $156.11 | $116.17 |
Dentist | $111.89 | $99.13 |
Item | Timberlane | Louisiana |
---|---|---|
Gasoline | $2.02 | $2.22 |
Tire Balancing | $55.86 | $50.07 |
Item | Timberlane | Louisiana |
---|---|---|
All Electricity | $97.27 | $167.67 |
Phone | $180.18 | $175.64 |
The cost of living varies in the cities and towns around Timberlane. Here's a quick look at the cost of living in the most populous nearby places:
New Orleans, LA has a cost of living index of 100, 1.0x Timberlane.
Metairie, LA has a cost of living index of 102, 1.1x Timberlane.
Kenner, LA has a cost of living index of 99, 1.0x Timberlane.
City | Population | Cost Of Living | Vs. Timberlane |
---|---|---|---|
New Orleans, LA | 383,974 | 100 | 1.0x |
Metairie, LA | 140,590 | 102 | 1.1x |
Kenner, LA | 66,411 | 99 | 1.0x |
Marrero, LA | 31,928 | 90 | 0.9x |
Terrytown, LA | 25,388 | 96 | 1.0x |
Chalmette, LA | 21,981 | 94 | 1.0x |
Harvey, LA | 20,942 | 92 | 0.9x |
Gretna, LA | 17,836 | 97 | 1.0x |
Estelle, LA | 17,650 | 96 | 1.0x |
Woodmere, LA | 11,343 | 98 | 1.0x |